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<br />\... <br /> <br />, <br />L <br /> <br />\". <br /> <br />L <br /> <br />\.,.. <br /> <br />RESOLUTION NO. 83-7-IDA <br />Page Five <br /> <br />14. Subject to Approval by City and Commission. The <br />Bonds shall not be issued unless the City of Santa Ana shall <br />approve, conditionally or unconditionally, the Project, and <br />the issuance of the Bonds; nor shall the Bonds be issued <br />unless California Industrial Development Advisory Commission <br />(the "Commission") shall approve the Project and the Bonds as <br />required by Section 91531 of the Law. <br /> <br />15. Authorization to Prosecute Validation Proceedings. <br />Jones Hall Hill & white, A Professional Law Corporation, as <br />bond counsel to the Authority in connection with the Bonds and <br />the Project, is hereby authorized and directed to institute <br />and prosecute to completion any proceedings in the Orange <br />County Superior Court deemed necessary by such firm to obtain <br />a judgment upholding the validity of the Bonds. <br /> <br />16. Submission to Commission. The staff of the <br />Authority is hereby authorized and directed to submit to the <br />Commission an application for approval by the Commission of <br />the Bonds and the Project pursuant to said Section 91531 of <br />the Law. <br /> <br />17. This resolution shall constituted a determination of <br />substantial public benefit. <br /> <br />18. This resolution shall constitute a resolution of <br />intention within the meaning of the Law. <br /> <br />19. This resolution shall take effect from and after the <br />date of its passage and adoption. <br /> <br />ADOPTED, this 7thday of November <br /> <br />, 1983. <br /> <br />~i ~ I <br />I~ <br /> <br />Daniel E. Griset <br />Vice-Chairman <br /> <br />ATTEST: <br /> <br />Ii 'c~f <br /> <br />Janice C. Guy, <br /> <br /> <br />ry <br />